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Updated over 6 years ago,

Anthony O.'s profile image
Anthony O.'s profile image
Anthony O.
  • Rental Property Investor
  • from Newbury Park, CA
  • Member since May 22, 2018
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User Stats

27
Posts
7
Votes
Anthony O.'s profile image
Anthony O.'s profile image
Anthony O.
  • Rental Property Investor
  • from Newbury Park, CA
  • Member since May 22, 2018
Connect
Anthony O.
  • Rental Property Investor
  • Newbury Park, CA
7
Votes |
27
Posts
Private Lending & Conventional Mortgage Advice

Anyone familiar with a 1/1 Buydown ARM?

Anthony O.
  • Rental Property Investor
  • Newbury Park, CA
Posted

Is anyone familiar with a 1/1 buydown? I just learned of it through a lender. It is a Fannie Mae ARM with the first year being X and the remaining term of the loan increasing and becoming fixed by 1% the following year for the remainder of the 30 year loan. Thoughts?

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